Gitlawb vs Unibase

Unibase (UB) is 393.2× the size of Gitlawb (GITLAWB) by market capitalisation. Over the past 30 days, UB is ahead by 48.4 percentage points (GITLAWB -60.3% against UB -11.9%). Their daily returns move loosely together (correlation 0.58 across 30 shared trading days). GITLAWB has been the more volatile of the two, at 495% annualised against UB's 101%.

Correlation: 0.58
Size ratio: 1 : 393.2
Ahead over 30 days: UB

GitlawbGITLAWB

$6.790e-6

24h: -12.80%
Market cap: $679,240
Volume 24h: $114,160
Volatility (ann.): 495%

UnibaseUB

$0.106824

24h: -1.50%
Market cap: $267.06M
Volume 24h: $8.45M
Volatility (ann.): 101%

GITLAWB 0.3%Share of the two combined market caps99.7% UB

Performance

GITLAWBUB

7 days-53.34%-12.37%UB
30 days-60.30%-11.87%UB

Correlation

0.58over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5890d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	GITLAWB	UB
Max drawdown (400d)	-90.3%	-31.0%
Risk-adjusted return (90d)	-0.16	-0.09

Relative strength over 90 days: UB outperformed GITLAWB by 74.5% — measured on the GITLAWB/UB ratio, so it holds regardless of market direction.

Gitlawb →Unibase →